Textile Yarn Market Size & Share Report, Growth, Trends, 2032

Textile Yarn Market Insights

According to a report from Zion Market Research, the global Textile Yarn Market was valued at USD 14.99 Billion in 2023 and is projected to hit USD 23.66 Billion by 2032, with a compound annual growth rate (CAGR) of 5.2% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Textile Yarn industry over the next decade.

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Global Textile Yarn Market: Overview

A continuous length of long interlocked fibers is known as yarn; it used in the various process of the textiles production such as weaving, sewing, embroidery, rope making, knitting, and crocheting. The thread is kind of textile yarn specially intended for sewing by machine or hand. Embroidery threads are also the type of textile yarns, which is designed for a machine, or hand embroidery. The textile yarn is made up of numerous synthetic or natural fibers. Natural fibers are little elastic and extremely breathable. Cotton is the most common plant fiber, while synthetic fibers come in the three forms such as a filament, staple, and tow. Filament and spun are basic types of the textile yarn.

Global Textile Yarn Market: Growth Factors

Rapid growth in the urbanization and increasing requirement of the industries are the major factors that anticipate driving the market growth. The shift in consumer preference towards affordable and comfortable clothing increases the demand for high-value fabrics such as viscose, silk, and hemp. Blended varieties of fibers are also taking immense growth in the market owing to significant features of both artificial and natural yarn thus opening up new growth opportunities in the coming years. However, instability in the production of plant and animal source yarn and the strict regulation that is imposed on the trade of textile yarn products restraints the global textile yarn market to some extent.

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Global Textile Yarn Market: Segmentation

The study provides a decisive view of the textile yarn market by segmenting the market based on by sources, by application, by artificial subtype, by artificial and natural type and by region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

The based on the sources as chemical, animal, plant, and others.

On the basis of application, the market is fragmented into home textile, apparel, and industrial.

Based on artificial subtype, the market is segregated into categories such as viscose, polyester, acrylic, and nylon.

The type segment is bifurcated into artificial and natural type, Furthermore, the natural subtype segment is divided into flax, wool, ramie, cotton, hemp, jute, and silk.

The Regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Textile Yarn Market: Report Scope

Global Textile Yarn Market: Regional Analysis

Asia-Pacific is the leading region in the global textile yarn market, which is followed by the North America. Polyester and cotton are widely used textile yarn products in the region. Changing consumption pattern, increasing population, disposable income, the rise in demand for clothing along with home furnishing products in Asia-Pacific region are major growth factors of the market. North American market is anticipated to grow at a fast rate with increasing investment from the multinational manufacturers in the US and Canada thus propelling the market growth. The market in the Latin America and the Middle East regions are flourishing due to developing apparel industry and high levels of product development.

Global Textile Yarn Market: Competitive Players

The major market players in the global textile yarn market are- 

•  Parkdale Mills Incorporated
•  Hengli Group
•  Kairuide Holding Co. Ltd
•  Vardhman Textiles Limited
•  Birleþik Koyunlulular Mensucat TIC. V.
•  Weiqiao Textile Company Limited
•  E SAN. A.Þ
•  Low & Bonar Plc
•  Raymond Limited
•  Huvis Corporation
•  Grasim Industries Limited

This report segments the Global Textile Yarn Market as follows:

Global Textile Yarn Market: Sources Analysis

• Chemical
• Animal
• Plant and others

Global Textile Yarn Market: Application Analysis

• Home Textile
• Apparel
• And Industrial

Global Textile Yarn Market: Artificial Subtype Analysis

• Viscose
• Polyester
• Acrylic And Nylon

Global Textile Yarn Market: Type Analysis

• Artificial 
• Natural Type
  • Flax
  • Wool
  • Ramie
  • Cotton
  • Hemp
  • Jute
  • And Silk.

Global Textile Yarn Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

What Report Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.